CLOSE IT. Having an AMEX or any other flavor of credit card is simply not worth the level of intrusion into your personal finances that allowing them to have your tax returns does. I've been an AMEX customer for 27 years, and although I've never been F/R'd, I would close every AMEX account I have without even thinking twice should they ask for one.

Why do you say this? They already have your personal information, SS#, employment data, etc... what's the big problem backing up what was stated on an app?

Agreed

We had a big thread about this recently with opinions ranging all over the map. I really don't want to go down that rabbit hole (again), so here's the thread for reference:

Re: Nice while it lasted - AMEX FR!

Haha, that was my thread! Thanks Rev for stopping this before it went viral again.

GangnamFICO wrote:

Because the chicks dig it when I throw down the card to the waiter and...it comes in handy if I'm short on cash until payday and need a short spot. AMEX gets the booty, and that's important when you're a Pirate.

Re: Nice while it lasted - AMEX FR!

So did they at least call you before you tried using your card and it was declined?

All these stories about people being declined then calling in to find out that they are on FR are just crazy. If AMEX really wants to initiate a FR, they should at least have the decency to call you before they freeze your card.

Re: Nice while it lasted - AMEX FR!

I asked about differing income and the female said that as long as you can show some income, they will not close it. 8000 does not seem unrealistic for 45000 income so they may just leave the limit the same. Their cards are really nothing special though, so if you have no use for them I would just close it.

Re: Nice while it lasted - AMEX FR!

So did they at least call you before you tried using your card and it was declined?

All these stories about people being declined then calling in to find out that they are on FR are just crazy. If AMEX really wants to initiate a FR, they should at least have the decency to call you before they freeze your card.

Re: Nice while it lasted - AMEX FR!

So did they at least call you before you tried using your card and it was declined?

All these stories about people being declined then calling in to find out that they are on FR are just crazy. If AMEX really wants to initiate a FR, they should at least have the decency to call you before they freeze your card.

no they called after.

I doubt they will close it with an income of $45k. Maybe CLD, but you can call underwriting and explain what's up.

Re: Nice while it lasted - AMEX FR!

Least they called you, no one has yet called me and my card got suspended a week ago. I did send the tax form since I knew I was being FR'd when i saw the red suspension message and i still wait a response. It is a bad service in suspending your account with no contact, I suspect I will get a letter this week informing me of my FR.

Re: Nice while it lasted - AMEX FR!

So did they at least call you before you tried using your card and it was declined?

All these stories about people being declined then calling in to find out that they are on FR are just crazy. If AMEX really wants to initiate a FR, they should at least have the decency to call you before they freeze your card.

no they called after.

Ridiculous. Makes AMEX much less attractive when they treat their "cardmembers" like that

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